Apple (AAPL) and Samsung (SSNLF.PK) accounted for 74% of the mobile phone industry's Q1 revenue...

|About: Apple Inc. (AAPL)|By:, SA News Editor

Apple (AAPL) and Samsung (SSNLF.PK) accounted for 74% of the mobile phone industry's Q1 revenue and 100% of its profit, estimates Raymond James' Tavis McCourt. That doesn't mean no other vendor made money, but that their relatively small profits were offset by the losses of others. McCourt thinks Apple and Samsung's dominance is a problem for GOOG and MSFT, and could lead them to court fast-growing Huawei and ZTE. (previous)